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direct talks right now are between senate republican leader mitch mcconnell and vice president joe biden. biden is known for contacts in the senate and is called the senate whisperer, known as getting things through the senate when nobody else can. those are the two men in contact tonight trying to forge a deal. here's point number two, there was one battle today that democrats won, it was over something called the change cpa. it's basically a different way of calculating the cost of living. republicans wanted to use it in this deal, democrats did not. democrats stared down republicans and in the end, republican senators said we won't bring that up right now. that happened today. and point three, don, what's next? i'm afraid we won't know until tomorrow morning. that's when we think the earliest could be for us to get details how these talks between senator mcconnell and vice president biden are going. there you go, three points where we are tonight. >> thank you very much. we'll get back to you. if you get anything new, let us know. >>> i want to bring in now dr. keith back, he's a doct
direct talks right now are between senate republican leader mitch mcconnell and vice president joe biden. biden is known for contacts in the senate and is called the senate whisperer, known as getting things through the senate when nobody else can. those are the two men in contact tonight trying to forge a deal. here's point number two, there was one battle today that democrats won, it was over something called the change cpa. it's basically a different way of calculating the cost of living....
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mitch mcconnell reached out to him. he really appears, by all accounts, helped to move the needle forwar. he has more than 30 years service as a u.s. senator. the 23 of those were spent serving alongside mitch mckonl. they have a good-working relationship. a strong-working relationship. the vice president knows how the inner workings of the senate work here in d.c. he is certainly someone who has been useful over the course of the past 24 hours. president obama, for his part, has been placing phone calls, as well. he has launched this two-pronged approach behind the scenes and launching this very public cam paraphernal campaign. democrats, you heard him come out today and sail this is not a perfect plan. it doesn't do everything we wablted. as you know, he ran on that campaign of increasing taxes on those who make $250,000 or more. the deal that is coming to fruition is those making more than $450,000. and there's some other compromises. so the president really taking a two-pronged approach here as these negotiations co
mitch mcconnell reached out to him. he really appears, by all accounts, helped to move the needle forwar. he has more than 30 years service as a u.s. senator. the 23 of those were spent serving alongside mitch mckonl. they have a good-working relationship. a strong-working relationship. the vice president knows how the inner workings of the senate work here in d.c. he is certainly someone who has been useful over the course of the past 24 hours. president obama, for his part, has been placing...
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republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year'
republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called...
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i should point out i mentioned that don stewart, senate minority leader mitch mcconnell's spokesperson was talking to reporter there we saw a moment ago in the gaggle of reporters, he said we're waiting to see if the vice president can sell this to his party. stewart says biden and mcconnell will meet while they are up on capitol hill as you look live at ohio clock the area where senators and spokes people go. the senate republicans have not signed off on the deal. it is protocol. when asked how long until a vote, don stewart said "awhile everything always takes longer in the senate." and it does, ed. but we could be seeing a vote, you know, sometime past 11:00. it really doesn't matter as far as the clock goes before midnight east coast time because despite the fact that is the fiscal cliff deadline as we noted the house adjourned until tomorrow and essentially the u.s. is technically going over the cliff even though lawmakers can adjust and beat things back if they decide to pass whatever comes out of congress before wednesday. >> right. and the irs can sign -- give instructions to c
i should point out i mentioned that don stewart, senate minority leader mitch mcconnell's spokesperson was talking to reporter there we saw a moment ago in the gaggle of reporters, he said we're waiting to see if the vice president can sell this to his party. stewart says biden and mcconnell will meet while they are up on capitol hill as you look live at ohio clock the area where senators and spokes people go. the senate republicans have not signed off on the deal. it is protocol. when asked...
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i know mitch mcconnell very well, known him for a long time. i didn't think there was any way he would put his neck out for this deal unless he was absolutely confident that the republicans in the house would have ratified it. i think the fact that they're not indicates to me that this house republican conference is so ideologically driven that they would basically scorch the earth in defense of their own ideology, and the american people are the ones that are going to suffer, seniors, throughout the spectrum of the economy. businesses large and small if we let this thing go over the cliff and don't repair it very quickly. i think everybody on our side of the aisle is baffled that this deal which again passed 89-8 in the senate last night could not -- they couldn't even bring 40 or 50 republican votes to the floor of the house tonight because we would have passed it with those votes. >> there were some republicans that luke russert had heard from, one member. he said they were absolutely incredulous that some of the things that were being said
i know mitch mcconnell very well, known him for a long time. i didn't think there was any way he would put his neck out for this deal unless he was absolutely confident that the republicans in the house would have ratified it. i think the fact that they're not indicates to me that this house republican conference is so ideologically driven that they would basically scorch the earth in defense of their own ideology, and the american people are the ones that are going to suffer, seniors,...
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and of course he has about 23 years of just working with mitch mcconnell. so the two men have a good working relationship, and some have said that vice president biden has been the good cop to harry reid's bad cop. 10 he has really helped to move things along. but right now things are merging behind the scenes. talks are continuing. again, the vice president, if he feels is needed will head over to the hill. milissa? >> do you see the same blame game going on as was happening yesterday with all the fingers pointing back and forth at each other saying it's your fault, no, it's yours? and do you any that we'll be hearing more from the president tonight? >> well, of course, it's always an open question if we'll be hearing more from the president. there is no word yet if we will actually be hearing from him tonight. it is getting quite late. so i think that the chance is diminished by the hour. but the president did point some fingers today. he had some sharp words for republicans in congress. essentially saying that they couldn't get a big deal done because no
and of course he has about 23 years of just working with mitch mcconnell. so the two men have a good working relationship, and some have said that vice president biden has been the good cop to harry reid's bad cop. 10 he has really helped to move things along. but right now things are merging behind the scenes. talks are continuing. again, the vice president, if he feels is needed will head over to the hill. milissa? >> do you see the same blame game going on as was happening yesterday...
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guest: mitch mcconnell is up for reelection in 2014. if he agrees with the white house, it will hurt him in his district. rand paul -- mcconnell has less room to maneuver now than with previous deals. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that his own democrats will support? guest: the clearest losers are those unemployed and trying to get jobs. when we are concerned about deficits or not having a short- term deficit reduction, it is because of a concern for the economy. there are different prescriptions for the economy at different times. allowing the economy to slow down would be a drastic abdication of responsibility of everyone in washington. that is not to say everyone is equal in the blame where this is just something that washington does. that is not always the case. in this case, you have a recovery. you have people may be ignoring what common economic. 20 just to you do --, an economic theory which tell us to do. it hurts the american people, especially those loo
guest: mitch mcconnell is up for reelection in 2014. if he agrees with the white house, it will hurt him in his district. rand paul -- mcconnell has less room to maneuver now than with previous deals. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that his own democrats will support? guest: the clearest losers are those unemployed and trying to get jobs. when we are concerned about deficits or not having a short- term deficit reduction,...
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republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan "b," is a small deal to get an extension of the middle class tax cuts and do very little else. the fight over the debt continues into the new year just weeks ahead over the debt limit. this is, in effect, something he feels so strongly about doing now. you go back months and months and months, the feeling in the white house is if they win the election, they are going to get their tax increase on wealthier americans. there is a feeling the president has to step back from that, to compromise on that key point would be a failure of leadership. >> talking about the stop gap, you are mentioning it here. th
republican leader, mitch mcconnell, was spotted at the capital. when asked if they would reach a deal, he told reporters, quote, i hope so. erica? >> many americans hoping so too. >>> david gregory is moderator of "meet the press." good morning. >> good morning, erica. >> you sat down with an exclusive interview with the president. did he seem optimistic to you? >> he says he is optimistic but really preparing to play hardball. his own approach, plan...
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mitch mcconnell, all of them. you know, would you say your interest is to not let him be president for a second term, that means you have to go against everything so he would not be significant, like you are trying to tear him down. you are tearing everybody down. this is my thought. how is it that we the american people allow our senators and representatives to go against our better good? nothing they have done has been for the american people. it is not so hard to see that everything they have done has been to hurt not just the middle class, the poor. people on social security. everything the talk about is hurting other people. is it those that have the most that want to keep the most and make the ones that have the least pay for all the most the want to have? we have to wake up and get out and vote. this is not -- if we had got out and vote in 2010, this will not be happening. host: a couple more items from a facebook this morning. back to the telephones. david in fairfax station, virginia is on the line for re
mitch mcconnell, all of them. you know, would you say your interest is to not let him be president for a second term, that means you have to go against everything so he would not be significant, like you are trying to tear him down. you are tearing everybody down. this is my thought. how is it that we the american people allow our senators and representatives to go against our better good? nothing they have done has been for the american people. it is not so hard to see that everything they...
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mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiewealthi est americans. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handels
mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to...
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so harry reid, mitch mcconnell, nancy please elosi on the house to say here are the number of democrats i could get if you offer a compromise package. but this is really a tough situation because there's so little time left and we've already seen the markets impacted by this. so if we do go over the cliff, if you look at the polls, most americans saying republicans will bear the brunt. they will blame republicans, but the bottom line is the president will get a lot of blame as well because this is going to impact a lot of people. >> right. nbc's kristin welker keeping us honest at the white house. we will stand by. thank you. >> reporter: thank you. >>> joining us for analysis are two of my favorite guys, both former chairs of the democratic committee, pk to you both. >> karen. >> thanks, karen. >> governor rendell, i'm going to start with you, what do you make of this meeting? to some degree -- do we really expect we're going to get some substance out of this meeting or is this more for the optics so both sides can say they tried one more time? >> i think it's a little more for the opt
so harry reid, mitch mcconnell, nancy please elosi on the house to say here are the number of democrats i could get if you offer a compromise package. but this is really a tough situation because there's so little time left and we've already seen the markets impacted by this. so if we do go over the cliff, if you look at the polls, most americans saying republicans will bear the brunt. they will blame republicans, but the bottom line is the president will get a lot of blame as well because this...
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and negotiations with mitch mcconnell. so, sure, the president has been very involved. he, you know, he has led this campaign style effort to try to force republicans' hand. again, many of those folks are a little bit disappointed that that threshold was allowed to rise in these negotiations. but he did back republicans into a corner here to an extent that they're voting now on a tax hike that many thought they would never vote in favor of. >> i hate to look at the next fight before we conclude the one that we're in now, but since you mentioned the debt ceiling earlier and what we're facing in the next couple of months, what are we looking ahead to? what's the next struggle that we're going to see here? >> folks are familiar with the debt ceiling. the debt in this country is $16 trillion and growing. we hit that debt limb. the treasure secretary says they can move some things around and buy us a couple of more months which happens to be the same time that congress is going to have to once again decide how they're going to defer these a draconian spending cuts that was d
and negotiations with mitch mcconnell. so, sure, the president has been very involved. he, you know, he has led this campaign style effort to try to force republicans' hand. again, many of those folks are a little bit disappointed that that threshold was allowed to rise in these negotiations. but he did back republicans into a corner here to an extent that they're voting now on a tax hike that many thought they would never vote in favor of. >> i hate to look at the next fight before we...
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let's start with mitch mcconnell's republican leader. he's got a race in two years. he can see a primary from the conservative side. certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus battles and republicans in congress and really had them in a corner, had them boxed in really well. however, some of his supporters, you already hear them expressing a great deal of dismay.
let's start with mitch mcconnell's republican leader. he's got a race in two years. he can see a primary from the conservative side. certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus...
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it's deeply bipartisan worked out by mitch mcconnell and the white house. of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this country, to provide certainty for the markets and actually for all of us both consumers and investors and get it done. don't go over this cliff. take care of particularly the tax provisions in this legislation. we will have other opportunities to discuss and will be implementing either sequester an alternative. that's a trillion dollars in spending cuts we've committed to. the notion we haven't dealt with spending. we know we need some tax revenues. this is a compromise. >> we've got a minute left here, congress woman -- >> something we have to vote on. i'm saying. >> you want it to come to
it's deeply bipartisan worked out by mitch mcconnell and the white house. of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this...
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vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin with. significant distance between the two sides, but negotiations continue. >> the consequences of this are too hot for the american people to be engaged, in a political messaging campaign. i'm interested in getting a result here. >> we followed th
vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal....
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senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen. this is the sketch of that suspect. >>> in india, the young woman gang raped on a new delhi bus is dead. doctors say she died peacefully at the hospital where she was being treated. employees plan to add murder charges against the six suspects already in custody and arrested on rape. the charges will be filed next thursday. angry protesters have been demanding justice and more protection for women and police expect more demonstrations in the days to come. >>> a large crowd cheers the first couple to get married under maine's new same-sex marriage law. stephen bridges and michael snell of p
senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen....
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mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> you and i are both kind of laughing abo
mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will...
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. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. >>> i'm don lemon, and this is cnn's top ten of 2012. this hour we look at the stories that captured our attention. what we see as the biggest stories of the year, around the world in crime, money, weather and even the biggest scandals. and later this hour, the big reveal of the most intriguing people of the year as chosen by you. we begin with the topic that dominated our coverage for much of the year. here's cnn's political correspondent candy crowley with the top phen political stories of 2012. >> p
. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us...
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mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be a blue christmas for retailers. shoppers came out in droves but spent l
mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue,...
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he is there to explain the deal he and senate minority leader mitch mcconnell brokered and that the senate approved. >>> the white house is keeping a close eye on today's developments in the house. stay with msnbc for more updates. and now back to hardball. >>> two steps forward, one step backward. let's play "hard ball." >> let me start this last night of the year with this, two steps forward, one step forward, that's the year if you look at it. so many good decisions as a society. we saw the angry faces of reaction to demographic change in the beginning. the people bringing guns to political events. the faces of hatred in the birther mularkey. the dog whistling whether it was about the president or his surrogate, susan rice. guess what? none of it worked. it just didn't. who would have known how powerfully americans, america itself could not just reject but repel this nasty appeal. it didn't work. then we had the horror in newtown, connecticut. even animals cannot kill 20 victims in ten minutes, for that it takes state of the art fi firepower. david, i want to start with your year, when
he is there to explain the deal he and senate minority leader mitch mcconnell brokered and that the senate approved. >>> the white house is keeping a close eye on today's developments in the house. stay with msnbc for more updates. and now back to hardball. >>> two steps forward, one step backward. let's play "hard ball." >> let me start this last night of the year with this, two steps forward, one step forward, that's the year if you look at it. so many good...
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mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount, rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition, unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor shortly before midafternoon, minority leader mcconnll confirmed that the stalemate on taxes appeared to be over. >> i can report that we've reached an agreement on all of the tax, th
mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with...
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also, mitch mcconnell, the minority leader, the president, and harry reid. everyone will be in play, and we will cover that for you. finally, good news for all you hot heads out there. in the study reveals that being hot tempers and expressing anger is good for you. it can add up to two years to your life span. after analyzing six dozen people, researchers from entering university conclude that overtime self restraint and holding back-oceans could cause you to develop serious health publications, high blood pressure, heart disease, kidney damage, and even cancer. bottom line, for the death your health express yourself. if you're angry, let it all out. don't hold the pack. expressing your emotions could be just the key to that enjoyed a long and healthy life. that's my "2 cents more." thanks for joining is. don't forget to record the show if you cannot catch us live. have a great night and will see you tomorrow. ♪ lou: good evening. the pounding, deafening drumbeat for gun control is rising. emanating principally from washington, the present, and members of
also, mitch mcconnell, the minority leader, the president, and harry reid. everyone will be in play, and we will cover that for you. finally, good news for all you hot heads out there. in the study reveals that being hot tempers and expressing anger is good for you. it can add up to two years to your life span. after analyzing six dozen people, researchers from entering university conclude that overtime self restraint and holding back-oceans could cause you to develop serious health...
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mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor shortly before midafternoon minority leader mcconnell confirmed that the stalemate on taxes appeared to be over. >> i can report that we've reached an agreement on all of the tax the t
mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with...
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also mitch mcconnell doesn't want his fingerprints on this because he doesn't want to be primaried. so you have these sort of -- shall we say, the lack of courage or ziesh to move on this from mcconnell and boehner, it's directly tied to prospects to serve in current jobs. it's a fascinating subplot. >> i want to pick up on that on something jared was starting to say. some degree we're playing a bit of a game of semantics here. because there's some calculation that the republicans say we go over the cliff and then technically we can be seen as not voting to increase taxes, but we can be seen as voting for cutting taxes once the sort of -- we go over the cliff and we're on the other side of it. am i right about that? >> yeah. it's a very cynical ploy. the idea of the tax automatically reset for everybody. they can say i didn't vote for that. they all go up. and then they can vote to lower taxes for the $250,000 and below households. that's 98% of households. that's a -- that's something like a -- you know, a multi -- that's something like 400, $500 billion of tax cuts over ten years.
also mitch mcconnell doesn't want his fingerprints on this because he doesn't want to be primaried. so you have these sort of -- shall we say, the lack of courage or ziesh to move on this from mcconnell and boehner, it's directly tied to prospects to serve in current jobs. it's a fascinating subplot. >> i want to pick up on that on something jared was starting to say. some degree we're playing a bit of a game of semantics here. because there's some calculation that the republicans say we...
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. >> that, of course, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it would have passed. they wanted to kill it. the speaker wanted to show everybody that it wouldn't pass the house. but he couldn't bring it up for vote because it wouldn't pass. republicans -- a myriad of republicans think it's the fair thing to do and of course every democrat would vote for that. the republican leader finds himself frustrated that the president has called on him to help address the fiscal cliff. he's upset because, quote, the phone never rang. he complains that i have not passed the resolution to pass the fiscal cliff but he's in error. we all know that in july of this year we passed in the
. >> that, of course, was senator mitch mcconnell and here we have the majority leader in the senate, harry reid. let's listen in for a second. >> the house has reported by the press and we all know, one of the plans didn't have a name, it wasn't plan b. i don't know which plan it was because they've had a number over there. but this plan was to show the american people that the $250,000 ceiling on raising taxes wouldn't pass in the house. why didn't they have that vote? because it...
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the hope for any deal before january 1st is that somehow minority leader mitch mcconnell could convince his troops, convince the republicans not to block it with a filibuster. each individual senator makes up their own mind, each senator has the right to stage a filibuster. so that's not something he can control entirely. a bigger issue, though, i have to edadmit, when you look at senator mcconnell and why he's so important right now is that he needs to bring some republicans on board this deal for a couple reasons. first, they need those republican votes to get anything through the senate. and then second of all, speaker boehner needs some cover, he needs some way to convince republicans in the house that they should pass this deal. conservatives are putting pressure on all sides and republicans in the house want to be to say conservativings in the senate supported this. i can too for the good of the country even though i don't like it. these are the dynamics in play. a lot of politics, a lot at stake. and this is why all focus is on senator mcconnell because he can bring so much to th
the hope for any deal before january 1st is that somehow minority leader mitch mcconnell could convince his troops, convince the republicans not to block it with a filibuster. each individual senator makes up their own mind, each senator has the right to stage a filibuster. so that's not something he can control entirely. a bigger issue, though, i have to edadmit, when you look at senator mcconnell and why he's so important right now is that he needs to bring some republicans on board this deal...
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we talked briefly about this earlier, but mitch mcconnell has a senate election in 2014. and if there's been one thing that's been noted over the past year, it's these crazy senate challengers have the chance of knocking off a person in the primary. and i'm assuming that mitch mcconnell knows that. >> this is great. this is great. we love this. tension at the convention of both ends of pennsylvania avenue, the white house, congress. this is terrific stuff. kurt, stay with us, okay? can you. we're begging you, begging you. >> you're adding gravitas to this. >>> we'll also bring in nbc news political director, chuck todd, also nbc white house correspo corresponde correspondent. >>> first, dylan dreyer with the forecast. >> we are going to see a good amount of snow across northern new england today. another one to two feet of snow possible. because of that, we do have winter storm warnings once again in effect. and this storm is just continuing to wreak havoc on the airports. that's the problem with the holiday travelers all taking up the flights that were all canceled yeste
we talked briefly about this earlier, but mitch mcconnell has a senate election in 2014. and if there's been one thing that's been noted over the past year, it's these crazy senate challengers have the chance of knocking off a person in the primary. and i'm assuming that mitch mcconnell knows that. >> this is great. this is great. we love this. tension at the convention of both ends of pennsylvania avenue, the white house, congress. this is terrific stuff. kurt, stay with us, okay? can...
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minority leader mitch mcconnell to assure that no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor. and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to reach a deal? who right now is involved in the negotiations? >> reporter: you know, this fiscal cliff that affects pretty much every american is now down to just a handful of people here at the capitol trying to work out a deal. at the top of the list are senators mcconnell and reid that you heard about in jessica's story. but also very important today will be their top staffers. their chiefs of staff. our producer, ted barrett, reports that the chiefs of staff will be working with each other trying to hammer out a deal, then talking to their bosses, the senators. then we'll find out
minority leader mitch mcconnell to assure that no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor. and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to...
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there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what it is. even if we get a very, very narrow deal, whoop-de-doo, we have a debt ceiling problem and amt taxes, government spending, all of those problems outstanding, nothing done. the dow jones industrial average is not done up for the opening bell, it's down, we're 42 points, 48 points going down as of right now. 50 points lower. what did you give, what did you get for christmas this year? chances are, a computer tablet maybe? according to the latest data from cnet, there were 17.4 million tablet activations on christmas day alone, more than double than last year. look at the two leading tablet m
there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what...
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mcconnell's office to see if vice president biden is swinging by today and one of the ways that the two sides may be having a form of a conversation today given the fact that we believe absent the calls, the president put out to the leaders, the house and the senate, that there's been no more conversations absent those between senior staff today. >> viqueira, a little birdie around the building said there's a pool that some people are in betting on when this thing will be wrapped up. and i heard you have january 10th. i would like to know your thoughts on why you picked january 10th. i would like to know what is the outlier date in this pool and if you have any intel on who else is in the pool. >> reporter: well, i mean, i'm sure i take no satisfaction in being right in this. there's a lot at stake here and certainly we look at gambling on legislation so there's money wagered. having said that, toure, i mean, you know, there's just too many ways to lose votes in this thing and not enough to gain votes in this thing and given the dynamic, the bedrock dynamic of the house of represent
mcconnell's office to see if vice president biden is swinging by today and one of the ways that the two sides may be having a form of a conversation today given the fact that we believe absent the calls, the president put out to the leaders, the house and the senate, that there's been no more conversations absent those between senior staff today. >> viqueira, a little birdie around the building said there's a pool that some people are in betting on when this thing will be wrapped up. and...
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democrats have made clear that they will help pass the senate compromise with mitch mcconnell and joe biden. you're looking for a critical mass of republicans who can push it through. you're looking to see whether republicans will drop this demand that they will only support an amended bill. senate democrats says that means the death of this deal. you're watching to see if they back down and how much support john boehner is willing to use to put the deal on the floor. >> woodruff: ed todd zwillich, we'll see whether you get much sleep tonight. thank you. >> no problem, judy. >> suarez: now, our second look at this continually unfolding story, with little time left before the 112th congress ends thursday at noon. for that, we are joined by congressmen from both sides. representative tom cole is a republican from oklahoma. representative chris van hollen of maryland is the ranking member on the budget committee and part of the democratic leadership team. representative cole, let me start with you, since you've just come from a powe wow with your side of the aisle. what's the latest? is
democrats have made clear that they will help pass the senate compromise with mitch mcconnell and joe biden. you're looking for a critical mass of republicans who can push it through. you're looking to see whether republicans will drop this demand that they will only support an amended bill. senate democrats says that means the death of this deal. you're watching to see if they back down and how much support john boehner is willing to use to put the deal on the floor. >> woodruff: ed todd...
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mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about tactics. we expect the president will try a stopgap measure extending middle-class tax rates, extending unemployment benefits for some 2 million americans, do some small spending cuts now, but not entitlement reform. an ally of the white house and the house of representatives offered this. >> this is not for show. it is a last-ditch effort by the pr
mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill...
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mitch mcconnell, who is really now at the heart of make something sort of deal today about how far he can take republicans, he says the president called him last week. it was the first time he's talked to the president since november 16. why is-- is there something the president is responsible for that he's not reached out enough to republicans and established that kind of trust that there has been lacking? >> look, i would have liked to have seen the president do more reaching out during the entirety of his first term. keep in mind, the president has been negotiating with john boehner, and that was the agreed upon format. he's been in conserves with him, and when push comes to shove, boehner cannot get these deals done in his caucus. the big change is not in the white house. it's in the culture of congress. it has become increasingly partisan. increasingly polarized districts in the aftermath of redistricting. we have seen that over the decades but particularly the last decade. you have seen a real hardening on both sides. and they're not willing to meet the president on any of this.
mitch mcconnell, who is really now at the heart of make something sort of deal today about how far he can take republicans, he says the president called him last week. it was the first time he's talked to the president since november 16. why is-- is there something the president is responsible for that he's not reached out enough to republicans and established that kind of trust that there has been lacking? >> look, i would have liked to have seen the president do more reaching out during...
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what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for each other's legislative skills and they have proven in the past that when they need to cut a deal, but can cut a deal and bring their party's members with them. host: john mccain writes a big budget deal is still worth doing. he points out to the history of some of these agreements, most notably with ronald reagan in the 1980's and president bush in 1991 in which republicans agreed to spending cuts that never happened while raising taxes. guest: that's right. there's a little confusion about how much spending cuts happened. it's the same sort of formula both sides are pursuing this tim
what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for...
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it is not clear whether mitch mcconnell wants to play a role because he has a campaign coming in 2014. for some people on the far right, the idea that mitch mcconnell would make a deal with obama could be acceptable. you have 10 or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner said was i will allow a vote, and you have democrats and some republicans feeling pressure joining in, you could get a bill done. host: rick is from massachusetts on our independent line. caller: good morning. i have a problem with the president. he is the most divisive individual who has come to power in this country for a long time. he completely denied his white relatives and blames all the problems on white men by buying the votes of the lower earners in this country by saying it is not your fault. he promised to bring this country to gather. what happened? guest: i am surprised. upper income
it is not clear whether mitch mcconnell wants to play a role because he has a campaign coming in 2014. for some people on the far right, the idea that mitch mcconnell would make a deal with obama could be acceptable. you have 10 or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner...
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. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in t
. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one...
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senate leaders harry reid and mitch mcconnell speak on the floor about the negotiations. then that is followed by the history of "the new york times." on friday's "washington journal" a look at the countdown to the fiscal cliff. our guest will be damian paletta. then homeownership in the u.s. with randallo tool. later, the discussion of the economy, poverty, and hunger. caroline radcliff. "washington journal" live every morning starting at 7:00 eastern on c-span. >> if we turn away from the needs of others, we align ourselves with those forces that are bringing about this suffering. >> the white house is a pulpit and you ought to take advantage of it. >> obesity in this country is nothing short of a public health crisis. >> i think i have little antennas that went up and told me when somebody had their own agenda. >> there is so much influence in that office and it is shame to waste it. >> they serve on a window on the past with what is going on with american women. >> sh she is the only one they can trust. >> many of the women were writers. they were journalist, they wro
senate leaders harry reid and mitch mcconnell speak on the floor about the negotiations. then that is followed by the history of "the new york times." on friday's "washington journal" a look at the countdown to the fiscal cliff. our guest will be damian paletta. then homeownership in the u.s. with randallo tool. later, the discussion of the economy, poverty, and hunger. caroline radcliff. "washington journal" live every morning starting at 7:00 eastern on c-span....
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success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in misunderstanding or lack of confidence? why don't we go ahead and act now? >> the president is insisting tacks go up for the wealthy, but he's now scaled back his expectations for the rest of the year focusing only on a middle class tax cut and extended unemployment benefits. he said he still thinks some kind of deal can be reached, but that optimism is not shared by everyone. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, it's the first time that i feel it's more likely that we will go over th
success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should...
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i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led this country. he is about to lead us into another debt downgrade. it should be evident to see what happens when you let partisan democrats like harry reid and nancy pelosi call the shots. >> marty, you are calling on the democrat line. what is your reaction? caller: the president needs to get the republicans come back in from christmas holiday. >> what do you think is gonna happen? >> we are on the verge of a fiscal cliff and they are still on vacation. >> let's go to mike in texas, on our line for republicans. >> i agree with the first guy. i wish they would have a little backbone and force obama
i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led...